Siyka Demirova
Sibel Ahmedova

Technical University of Varna, 1 Studentska Str., Varna, Bulgaria

2nd International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2018 – Graz, Austria, November 8, 2018, CONFERENCE PROCEEDINGS published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-13-4

Abstract

Every fast-growing economy is identified by its innovative businesses and ever-expanding markets. A vital prerequisite for the development of innovation and creation of a higher value-added economy is the provision and encouragement of independent economic activity. Enhancing entrepreneurial mindsets, skills and attitudes of young people is associated with innovation and risk-taking and is forms an integral part of a country’s ability to prosper in a rapidly changing and highly competitive market. In light of this, the purpose of the present paper is to explore and analyze the opportunities for implementing innovative ideas among young entrepreneurs. The results of the research study will help identify the main problems and significant challenges young entrepreneurs are likely to encounter.

 

Key words

innovative ideas, young entrepreneurs, highly competitive market


References

  1. Cheolwoo Park, (2016) A study on effect of entrepreneurship on entrepreneurial intention: Focusing on ICT majors, Asia pacific journal of innovation and entrepreneurship, Volume 11, Issue 2
  2. Olugbola, S., A., (2017) Exploring entrepreneurial readiness of youth and startup success components: Entrepreneurship training as a moderator, Journal of Innovation & Knowledge, Volume 2, Issue 3, pp. 155-171
  3. Jeffrey H. Dyer, Hal B. Gregersen, Clayton Christensen (2009) Entrepreneur behaviors, opportunity recognition, and the origins of innovative ventures, Strategic Entrepreneurship Journal, Volume 2, Issue 4
  4. Demirova S., (2013) Innovation development and innovation policy of small and medium-sized industrial enterprises, ed. Color Print, Varna
  5. Petkova – Georgieva S., Karadhova Z., (2016) The scientific and technological parks as part of the innovation networks – the environment to create knowledge and increase innovation as a result of study by relationship, International Scientific Conference “Economic Welfare through Sharing Knowledge”, pp.186-191
  6. Todorov K., (2011) Business entrepreneurship, I and II part, BAMDE, Sofia
  7. OECD, (2014) Supporting Youth in Entrepreneurship, Summary report of a policy development seminar organized by the OECD and the European Commission, Brussels
  8. European Union, (2016) Young and innovative: how to help young entrepreneurs be more innovative?, Ref. Ares 6361498 – 10/11/2016
  9. Giustina Secundo, Pasquale Del Vecchio, Giovanni Schiuma and Giuseppina Passiante, (2017) Activating entrepreneurial learning processes for transforming university students’ idea into entrepreneurial practices, International Journal of Entrepreneurial Behavior & Research, 23, 3
  10. Krastina A., (2014) Support – A Vital Tool for Young Innovative Entrepreneurs in the Barents Region, ENPI Kolarctic “Young Innovative Entrepreneurs” project study
  11. Ji Young Kim, Dae Soo Choi, Chang-Soo Sung and Joo Y. Park, (2018) The role of problem solving ability on innovative behavior and opportunity recognition in university students, Journal of Open Innovation: Technology, Market and Complexity, Volume 4, Issue 1
  12. European Union, (2015) Unleashing young people’s creativity and innovation, report

 

demirova_ahmedova_exploring_the_opportunities_for_implementing_innovative_ideas_among_young_entrepreneurs_pp_773-778

Association of Economists and Managers of the Balkans – UdEkoM Balkan
179 Ustanicka St, 11000 Belgrade, Republic of Serbia